Summary:

The ICICI Prudential Technology Fund has most of its holdings invested in the domestic equity that is main
been performing well, up until 2022. The fund has performed negatively, as compared to the category ave
place in the IT sector, causing negative returns.

Total Assets 91.8 Billion

Inception Date 03-Mar,2000

Asset Class Allocation

Asset Class Percentage
Equity 93.28
Fixed Income 0
cash 6.72

7%

Equity
cash

93%

Industry Allocation
Portfolio (%)
Cyclical 1.05%
Basic Materials 0.00%
Consumer Cycle 0.84%
Financial Services 0.21%
Real Estate 0.00%
Sensitive 98.89%
Communication Services 13.74%
 Energy 0.11%
Industrials 2.12%
Technology 82.92%
Defensive 0.05%
Consumer Def 0.05%
Healthcare 0.00%
Utilities 0.00%

Portfolio Holdings

Total No of stocks 49
Tech Stocks 27
Non- tech stocks 22

Portfolio Tech - Holdings

Stocks Weightage
Infosys Ltd 30.50
Tata Consultancy Services Ltd 16.93
HCL Technologies Ltd 9.60
Wipro Ltd 6.16
Tech Mahindra Ltd 3.80
MindTree Ltd 1.37
Accenture PLC Class A 1.13
Microsoft Corp 0.88
Mphasis Ltd 0.81
Birlasoft Ltd 0.73
Oracle Financial Services Software Ltd 0.67
Cognizant Technology Solutions Corp Class A 0.67
eClerx Services Ltd 0.63
Zensar Technologies Ltd 0.50
Larsen & Toubro Infotech Ltd 0.37
Adobe Inc 0.32
Salesforce Inc 0.31
Rategain Travel Technologies Ltd 0.31
SAP SE ADR 0.28
Tracxn Technologies Ltd 0.26
Firstsource Solutions Ltd 0.24
Coforge Ltd 0.19
Persistent Systems Ltd 0.18
Hitachi Energy India Ltd 0.17
Workday Inc Class A 0.15
Sonata Software Ltd 0.14
L&T Technology Services Ltd 0.07
 Underlying Holding
Name % Net Assets
Infosys Ltd 30.50
Tata Consultancy Services Ltd 16.93
HCL Technologies Ltd 9.60
Bharti Airtel Ltd 6.94
Wipro Ltd 6.16
Treps 5.73
Tech Mahindra Ltd 3.80
MindTree Ltd 1.37
Accenture PLC Class A 1.13
Zee Entertainment Enterprises Ltd 1.03
PVR Ltd 0.90
Siemens Ltd 0.89
Microsoft Corp 0.88
Net Current Assets 0.85
Cyient Ltd 0.82
Mphasis Ltd 0.81
Bharti Airtel Ltd (Partly Paid Rs.1.25) 0.76
Birlasoft Ltd 0.73
Oracle Financial Services Software Ltd 0.67
Cognizant Technology Solutions Corp Class A 0.67

IndiaMART InterMESH Ltd 0.65

eClerx Services Ltd 0.63
Tata Communications Ltd 0.61
INOX Leisure Ltd 0.57
Meta Platforms Inc Class A 0.52
Zensar Technologies Ltd 0.50
FSN E-Commerce Ventures Ltd 0.46
Larsen & Toubro Infotech Ltd 0.37
RailTel Corporation of India Ltd 0.33
Adobe Inc 0.32
Salesforce Inc 0.31
Rategain Travel Technologies Ltd 0.31
SAP SE ADR 0.28
Tracxn Technologies Ltd 0.26
CarTrade Tech Ltd 0.25
Firstsource Solutions Ltd 0.24
PB Fintech Ltd 0.20
Affle India Ltd 0.20
TeamLease Services Ltd 0.20
Coforge Ltd 0.19
Persistent Systems Ltd 0.18
Hitachi Energy India Ltd Ordinary Shares 0.17
Info Edge (India) Ltd 0.17
Workday Inc Class A 0.15
Sonata Software Ltd 0.14
Route Mobile Ltd Ordinary Shares 0.13
91 DTB 03112022 0.11
Reliance Industries Ltd 0.10
Zomato Ltd 0.08
Delhivery Ltd 0.07
L&T Technology Services Ltd 0.07
NIIT Ltd 0.05
Cash Margin - Derivatives 0.02
Mastek Ltd 0.00
Sun TV Network Ltd 0.00

DATE: 1-01-22 to 31-10-22

Security Name Movement By Market Value

Infosys Ltd Increase
Tata Consultancy Services Ltd Increase
HCL Technologies Ltd Increase
Bharti Airtel Ltd Increase
Wipro Ltd Increase
Tech Mahindra Ltd Decrease
MindTree Ltd Increase
Accenture PLC Class A Increase
Zee Entertainment Enterprises Ltd New
PVR Ltd Increase
Siemens Ltd New
Microsoft Corp Decrease
Cyient Ltd Decrease
Mphasis Ltd Decrease
Bharti Airtel Ltd (Partly Paid Rs.1.25) Increase
Birlasoft Ltd Decrease
Oracle Financial Services Software Ltd New
Cognizant Technology Solutions Corp Class A Decrease
IndiaMART InterMESH Ltd Decrease
eClerx Services Ltd Decrease
Tata Communications Ltd Decrease
INOX Leisure Ltd Increase
Meta Platforms Inc Class A Decrease
Zensar Technologies Ltd Decrease
FSN E-Commerce Ventures Ltd New
Larsen & Toubro Infotech Ltd Decrease
RailTel Corporation of India Ltd Decrease
Adobe Inc New
Salesforce Inc Decrease
Rategain Travel Technologies Ltd Decrease
SAP SE ADR Decrease
Tracxn Technologies Ltd New
CarTrade Tech Ltd Decrease
Firstsource Solutions Ltd Decrease
PB Fintech Ltd Decrease
Affle India Ltd Decrease
TeamLease Services Ltd Decrease
Coforge Ltd Decrease
Persistent Systems Ltd Decrease
Hitachi Energy India Ltd Ordinary Shares New
Info Edge (India) Ltd New
Workday Inc Class A Decrease
Sonata Software Ltd Decrease
Route Mobile Ltd Ordinary Shares Decrease
Reliance Industries Ltd New
Zomato Ltd New
Delhivery Ltd New
L&T Technology Services Ltd Decrease
NIIT Ltd Decrease
Mastek Ltd Decrease
Sun TV Network Ltd New
Freshworks Inc Ordinary Shares Class A Exit
KPIT Technologies Ltd Exit
CE Info Systems Ltd Exit
Quess Corp Ltd Exit
Latent View Analytics Ltd Exit

Industry Movement By Market Value

Information Technology Services Increase
Entertainment Increase
Broadcasting New
Conglomerates Decrease
Auto & Truck Dealerships Decrease
Insurance Brokers New
Advertising Agencies Decrease
Electronic Components New
Integrated Freight & Logistics New
Education & Training Services Decrease

2015
Fund 3.95
Category 6.6
Index 4.51

Annual Returns

100

80

60

40

20

0
2015 2016 2017 2018
-20

Fund Category Index

Portfolio Trailing Retu

Total Return % 3-Year
Fund 35.92
Category 30.45
Index 27.06

Trailing Returns

40
 Trailing Returns

40

35

30

25

20

15

10

0
3-Year 5-Year

Fund Category Index

Risk & Volatility Measures

Trailing Fund
Alpha 7.77
Beta 0.97
R- Square 91.2
Sharpe Ratio 1.15
Standard Deviation 26.12
 ICICI PRUDENTIAL

omestic equity that is mainly involved in the technology sector. This fund had
mpared to the category average. This can be attributed to the correction taking

Portfolio

Equity
cash
Weightage
93.30%
77.4%
15.93%

Portfolio Non Tech - Hol

Sector Stocks
Technology Bharti Airtel Ltd
Technology Zee Entertainment Enterprises Ltd
Technology PVR Ltd
Technology Bharti Airtel Ltd (Partly paid Rs. 1.25)
Technology IndiaMART InterMESH Ltd
Technology Tata Communications Ltd
Technology INOX Leisure Ltd
Technology Meta Platforms Inc Class A
Technology RailTel Corporation of India Ltd
Technology Affle India Ltd
Technology Info Edge (India) Ltd
Technology Route Mobile Ltd Ordinary Shares
Technology FSN E- Commerce Ventures Ltd
Technology CarTrade Tech Ltd
Technology Zomato Ltd
Technology NIIT Ltd
Technology Reliance Industries Ltd
Technology PB Fintech Ltd
Technology Siemens Ltd
Technology Cyient Ltd
Technology TeamLease Services Ltd
Technology Delhivery Ltd
Technology
Technology
Technology
Technology
Technology
Underlying Holdings
Share Security Type Sector Country
Equity Technology IND
Equity Technology IND
Equity Technology IND
Equity Communication Services IND
Equity Technology IND
Cash
Equity Technology IND
Equity Technology IND
Equity USA
Equity Communication Services IND
Equity Communication Services IND
Equity Industrials IND
Equity Technology USA
Cash
Equity Industrials IND
Equity Technology IND
Equity Communication Services IND
Equity Technology IND
Equity Technology IND
Equity Technology USA

Equity Communication Services IND

Equity Technology IND
Equity Communication Services IND
Equity Communication Services IND
Equity Communication Services USA
Equity Technology IND
Equity Consumer Cyclical IND
Equity Technology IND
Equity Communication Services IND
Equity Technology USA
Equity Technology USA
Equity Technology IND
Equity Technology DEU
Equity Technology IND
Equity Consumer Cyclical IND
Equity Technology IND
Equity Financial Services IND
Equity Communication Services IND
Equity Industrials IND
 Equity Technology IND
Equity Technology IND
Equity Technology IND
Equity Communication Services IND
Equity Technology USA
Equity Technology IND
Equity Communication Services IND
Cash IND
Equity Energy IND
Equity Consumer Cyclical IND
Equity Industrials IND
Equity Technology IND
Equity Consumer Defensive IND
Cash
Equity Technology IND
Equity Communication Services IND

Chan

Current Weighting % Previous Weighting % SEBI Category

32.7 24.8 Large Cap
18.2 8.8 Large Cap
10.3 9.5 Large Cap
7.4 3.4 Large Cap
6.6 4.9 Large Cap
4.1 8.0 Large Cap
1.5 0.9 Mid Cap
1.2 1.2
1.1 Large Cap
1.0 0.5 Small Cap
1.0 Large Cap
0.9 1.5
0.9 2.4 Small Cap
0.9 3.9 Mid Cap
0.8 0.1 Large Cap
0.8 1.5 Small Cap
0.7 Large Cap
0.7 2.7
0.7 2.0
0.7 1.4 Small Cap
 0.7 1.2 Mid Cap
0.6 0.2 Small Cap
0.6 1.2
0.5 1.4 Small Cap
0.5
0.4 1.4 Large Cap
0.4 0.4
0.3
0.3 0.8
0.3 0.4
0.3 0.5
0.3
0.3 0.7
0.3 1.3 Small Cap
0.2 0.4
0.2 1.0
0.2 0.3 Small Cap
0.2 1.4 Small Cap
0.2 4.0 Small Cap
0.2
0.2 Mid Cap
0.2 0.8
0.2 1.4 Small Cap
0.1 1.2
0.1 Large Cap
0.1
0.1
0.1 0.7 Mid Cap
0.1 0.2 Small Cap
0.0 0.1 Small Cap
0.0 Mid Cap
0.789195965
0.475976933
0.17542763
0.075065707
0.173299342

Current Weighting % Previous Weighting %

79.3 79.7
1.6 0.6
1.1
 0.9 2.4
0.3 0.7
0.2
0.2 1.0
0.2
0.1
0.1 0.2

Portfolio Annual Returns

2016 2017 2018
-3.97 19.8 19.12
-4.66 19.29 17.41
-8 10.83 24.93

nnual Returns

2018 2019 2020 2021

Fund Category Index

Portfolio Trailing Returns

5-Year 10-Year 15-Year
25.74 21.9 16.48
23.85 19.24 13.42
23.24 17.88 14.14

railing Returns
railing Returns

10-Year 15-Year

Fund Category Index

Measures
Category Index
5.05 16.82
0.88 0.79
89.77 29.7
1.06 0.9
23.88 25.79
ENTIAL TECHNOLOGY FUND
Date
Dec-22

Portfolio Allocation
Portfolio Non Tech - Holdings
Weightage Sector
6.94 Communication Services
1.03 Communication Services
0.90 Communication Services
0.76 Communication Services
0.65 Communication Services
0.61 Communication Services
0.57 Communication Services
0.52 Communication Services
0.33 Communication Services
0.2 Communication Services
0.17 Communication Services
0.13 Communication Services
0.46 Consumer Cyclical
0.25 Consumer Cyclical
0.08 Consumer Cyclical
0.05 Consumer Defensive
0.1 Energy
0.2 Financial Services
0.89 Industrials
0.82 Industrials
0.2 Industrials
0.07 Industrials
Changes in Underlying Holdings
Sector Wise Changes
 Performance Analysis

2019 2020 2021 2022

2.35 70.59 75.74 -23.22
7.85 56.87 63.57 2.73
9.84 56.68 56.07
 Market Volatility Measures
Capture Ratios Fund Category Index
Upside 104 94 111
Downside 79 78 52
Drawdown Max Fund Category Index
-26.53 -32.26 -27.36
FUND
DATE: 1-01-21 to 31-10-21

Security Name Movement By Market Value

Infosys Ltd Increase
HCL Technologies Ltd Increase
Tata Consultancy Services Ltd Increase
Tech Mahindra Ltd Increase
Wipro Ltd Increase
Persistent Systems Ltd Increase
Mphasis Ltd Increase
Bharti Airtel Ltd Increase
Cognizant Technology Solutions Corp Class A New
Cyient Ltd Increase
IndiaMART InterMESH Ltd Increase
Microsoft Corp Increase
Birlasoft Ltd Increase
Larsen & Toubro Infotech Ltd Increase
Coforge Ltd Increase
Sonata Software Ltd Increase
eClerx Services Ltd Increase
Zensar Technologies Ltd New
Firstsource Solutions Ltd Increase
Meta Platforms Inc Class A New
Route Mobile Ltd Ordinary Shares Increase
Tata Communications Ltd New
Accenture PLC Class A New
Affle India Ltd Increase
MindTree Ltd Increase
Workday Inc Class A New
Freshworks Inc Ordinary Shares Class A New
Salesforce Inc New
CarTrade Tech Ltd New
L&T Technology Services Ltd Increase
SAP SE ADR Increase
KPIT Technologies Ltd Increase
PVR Ltd Increase
Rategain Travel Technologies Ltd New
RailTel Corporation of India Ltd New
PB Fintech Ltd New
TeamLease Services Ltd Decrease
CE Info Systems Ltd New
Latent View Analytics Ltd New
INOX Leisure Ltd Decrease
NIIT Ltd Increase
Mastek Ltd Decrease
Bharti Airtel Ltd (Partly Paid Rs.1.25) New
Quess Corp Ltd Decrease
Zee Entertainment Enterprises Ltd Exit
Oracle Financial Services Software Ltd Exit
Info Edge (India) Ltd Exit
Nucleus Software Exports Ltd Exit
Just Dial Ltd Exit
Aditya Birla Fashion and Retail Ltd Exit
HealthCare Global Enterprises Ltd Exit
SIS Ltd Ordinary Shares Exit
Matrimony.com Ltd Exit
Indian Railway Catering And Tourism Corp Ltd Exit
UTI Asset Management Co Ltd Exit

Industry Movement By Market Value

Information Technology Services Increase
Internet Content & Information Increase
Software - Application Increase
Conglomerates Increase
Software - Infrastructure Increase
Advertising Agencies Increase
Auto & Truck Dealerships New
Entertainment Increase
Consulting Services New
Education & Training Services Increase
Current Weighting % Previous Weighting % SEBI Category
24.8 21.6 Large Cap
9.5 8.6 Large Cap
8.8 3.0 Large Cap
8.0 6.4 Large Cap
4.9 1.0 Large Cap
4.0 4.2 Small Cap
3.9 2.5 Mid Cap
3.4 4.2 Large Cap
2.7
2.4 3.0 Small Cap
2.0 3.7
1.5 2.1
1.5 2.6 Small Cap
1.4 1.7 Large Cap
1.4 2.8 Small Cap
1.4 2.1 Small Cap
1.4 1.0 Small Cap
1.4 Small Cap
1.3 2.7 Small Cap
1.2
 1.2 1.1
1.2 Mid Cap
1.2
1.0 0.9
0.9 0.8 Mid Cap
0.8
0.8
0.8
0.7
0.7 1.0 Mid Cap
0.5 1.0
0.5 1.5 Small Cap
0.5 0.3 Small Cap
0.4
0.4
0.4
0.3 2.1 Small Cap
0.2
0.2
0.2 1.2 Small Cap
0.2 0.8 Small Cap
0.1 1.7 Small Cap
0.1 Large Cap
0.1 1.0 Mid Cap
0.728215673
0.531066139
1.639628274
0.883735115
2.208330538
1.311667584
0.549669613
1.374914143
0.909476929
2.367984086
0.864693706

Current Weighting % Previous Weighting %

79.7 65.2
3.6 8.5
3.5 1.9
2.4 3.0
1.5 2.7
1.0 0.9
0.7
0.6 1.5
0.2
0.2 0.8